The prime index of the Dhaka Stock Exchange (DSE) fell to nearly two months low on Wednesday as soaring non-performing loan hit bank stocks hard.Market analysts said investors showed their selling spree, particularly on banking, non-bank financial and telecom issues, taking the prime index to two months low.Banking and financial...
Read moreGlaxoSmithKline Bangladesh's incurred a huge loss in the year ended on December 31, 2018 because of the closure of its pharmaceuticals unit in the country.The British drug-maker's earnings per share (EPS) posted a negative Tk 52.75 for the year ended on December 31, 2018 which was Tk 55.56 in the...
Read moreAn agreement was signed between Trust Bank Limited and Bangladesh House Building Finance Corporation (BHBFC) where Junaid Masroor, Deputy Managing Director, Trust Bank Limited and Chanu G Ghosh, General Manger, Bangladesh House Building Finance Corporation signed the agreement on behalf of their respective organisations, said a statement. Under this agreement...
Read moreOmera Gas One Ltd.(OGL), with a view to promote extensive use of LPG (Liquefied Petroleum Gas) as fuel for vehicles and boost up LPG (Auto Gas ) users in Bangladesh, has set the price to BDT 42/Litre and taken initiative of keeping their Autogas Stations open for 24 hours. "Additionally,...
Read moreAdditional Secretary Mr. Md. Ali Noor has taken over as the Director General of the Central Procurement Technical Unit (CPTU), IME Division, Ministry of Planning, said a statement.Before joining the CPTU on Tuesday, Mr. Ali Noor has been the Managing Director of Jibon Bima Corporation since 7 May 2018. Earlier...
Read moreGerman Members of Parliament Gabriele Katzmarek, Bettina Stark-Watzinger and Tobias Pfluger visited Beximco Park along with high officials of the German Embassy and GIZ (a German agency which partners with the German Government and Stakeholders both Public and Private in areas of economic development, employment promotion, energy and the environment).The...
Read moreThe trading at Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will remain closed today (Thursday) due to the City Corporation Election.“As the government has declared on Thursday as general holiday for Dhaka City Corporation (North) Election, trading and official activities on the bourses will remain closed today (Thursday),”...
Read moreMd. Nazrul Islam Mazumder, Chairman of EXIM Bank, has been re-elected as the Chairman of Bangladesh Association of Banks (BAB) for the next tenure.Abdus Samad Labu, Chairman of Al Arafah Islami Bank and Anisuzzaman Choudhury, EC Chairman of UCB have been elected as Vice Chairmen.They were elected in the 196th...
Read moreMTB condoles expiry of Shamsun Naher KhanMutual Trust Bank Ltd has condoled the expiry of Alhaj Shamsun Naher Khan, wife of Late Advocate Alhaj Kamaluddin Ahmed Khan and mother of Anis A. Khan, Managing Director & CEO of MTB. She passed away at her Chattogram residence at 5:00 am on...
Read moreUnited Commercial Bank Limited (UCB) conducted Audit & ICC Conference 2019 Tuesday at a local hotel in Dhaka. Chairman, Audit Committee of UCB Akhter Matin Chaudhury; Director of UCB Bashir Ahmed and Managing Director of UCB Mohammed Shawkat Jamil seen
Read moreWalton Group has signed an agreement with Southeast Bank Limited (SEBL), allowing customers to make online payments for purchases using debit, credit and prepaid cards through SEBL Mastercard Payment Gateway Solution. M. Kamal Hossain, Managing Director, Southeast Bank Limited, Md. Tanvir Rahman, Executive Director, Walton Group, Syed Mohammad Kamal, Country...
Read moreDhanmondi Branch of Islami Bank Bangladesh Limited organized a prize distribution programme among the winners of month long iBanking Campaign on Tuesday on branch premises. Abu Reza Md. Yeahia, Deputy Managing Director of the Bank, distributed the prizes as the chief guest
Read moreParticipatory Committee (PC) election of Multifabs Ltd was held recently. Representatives of buyers, BGMEA and different organisations monitored the elections and expressed satisfaction over the peaceful holding of the polls. Vote counting and result was announced in presence of owners and workers and the election officials concerned
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